C - fixed costs; b - costs per bicycle;
c + 110 b = 10,900
c + 130 b = 11,600
c = 10,900 - 110 b
10,900 - 110 b + 130 b = 11,600
20 b = 700
b = 700 : 20 = $35
c + 110 * 35 = 10,900
c + 3,850 = 10,900
c = 10,900 - 3,850
c = $7,050 ( daily fixed costs )
Marginal cost is the cost of producing one more unit of goods ( one more bicycle ).
Answer:
The company`s daily fixed cost is $7,050.
The marginal cost per bicycle is $35.
I think the last one is my best bet
Answer:
339 bricks.
Step-by-step explanation:
We have the weight of each brick and what the truck can support. Therefore what we must do is pass all to the same unit of measurement to calculate the quantity of bricks.
In this case we will pass everything to pounds.
We have that a 1 pound is 16 ounces, therefore 14 would be:
14 ounces * 1 pound / 16 ounces = 0.875 pounds
In addition we have that 1 ton is 2204.62 pounds, therefore 3/4 would be:
3/4 ton * 2204.62 pounds / 1 ton = 1653.467 pounds
Therefore, in total the brick weighs 4,875 pounds (4 + 0.875) and the truck can support 1653,467 pounds, the number of bricks would be:
1653.467 / 4.875 = 339.17
In other words, it can support about 339 bricks.
There all log base 3, the base won't matter as long as they're all the same.
log(x^2/y)=2log(x)-log(y)=2(4.5)-3=6
Answer: c. 6
